The Australian dollar has clawed back most of its end-of-June losses, when it touched three-month lows against the greenback amid escalating Middle East tensions. Since then, sentiment has improved: the RBA’s Assistant Governor Sarah Hunter signalled the board stands ready to tighten further if the recent oil shock feeds into inflation expectations. Still, resilient business […]
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Intraday bias in EUR/GBP is turned neutral first with current recovery. Some consolidations would be seen above 0.8453. But outlook will stay bearish as long as 0.8615 support turned resistance holds. Sustained break of 61.8% Read more…
Intraday bias in EUR/AUD remains neutral first. On the downside, firm break of 1.6307 support that rebound from 1.6108 has completed at 1.6617. Deeper decline should the be seen to retest this low. On the Read more…
EUR/CHF is staying in consolidations below 0.9278 and intraday bias remains neutral. Downside should be contained by 0.9210 support to bring another rise. Above 0.9278 will resume whole rally from 0.8979 to 100% projection of Read more…